Relating to forms for business registrations; declaring an emergency.
Catchline/Summary:
Requires Secretary of State to provide option on form for articles of incorporation or organization by means of which articles can indicate whether corporation, cooperative or limited liability company will indemnify or pay expenses for director, officer, member, manager, employee or agent of corporation, cooperative or limited liability company. Requires Secretary of State to provide option on form for articles of incorporation or organization by means of which articles can indicate whether corporation, cooperative or limited liability company will indemnify or pay expenses for director, officer, member, manager, employee or agent of corporation, cooperative or limited liability company.
Declares emergency, effective on passage.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
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HB 2948 House Committee On Business and Labor
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